Find the proceeds of a promissory note with a maturity value of $1800 due on September 30,

Question:

Find the proceeds of a promissory note with a maturity value of $1800 due on September 30, 2018, discounted at 8.5% compounded semi-annually on March 31, 2015.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

Question Posted: